Economy
Business·Industry
LGELECTRONICS Extracts Rare Earth Elements from Discarded Appliances… Building a Circular Economy for Critical Minerals
LGELECTRONICS has developed a technology to recover and recycle rare earth elements—key minerals—from discarded home appliances. The company plans to utilize waste home appliances as a new source of r…
Business·Industry
Korea Federation of Service Industry Associations to Hold Seminar on Legislative Tasks for Modernizing the Service Industry on the 28th
A forum will be held to explore solutions for fundamentally improving the structure of the domestic service industry.The Korea Federation of Service Industries and the office of National Assembly Memb…
Business·Industry
LG Innotek to Serve as the "Eyes" of Amazon's Robo-Taxis… Long-Term Supply of Camera Modules to Zoox
LG Innotek’s automotive camera modules will serve as the “eyes” of Amazon’s autonomous robo-taxi, “Zoox.” By extending the camera technology it has accumulated through smartphones to commercial robo-t…
Business·Industry
Memory Chips Gain the Upper Hand Thanks to AI… 'First Ever' Reversal in Non-Memory Chip Sales
Forecasts indicate that memory semiconductor sales will surpass non-memory sales for the first time in history this year. While the competition in artificial intelligence (AI) has traditionally focuse…
Business·Industry
Samsung Expands Its Robotics Business… Significantly Increases R&D Workforce and Investment
SamsungElectronics is launching a company-wide push to develop its robotics business as a key future growth engine. The number of research and development (R&D) personnel at Rainbow Robotics, a subsid…
Business·Industry
'Insulating Film' Emerges as a New Bottleneck for AI Chips… Circuit Board Production Plummets
Bottlenecks in the artificial intelligence (AI) semiconductor supply chain are spreading from wafers and high-bandwidth memory (HBM) to insulating films for packaging substrates. This is because as AI…
Business·Industry
In response to the question, “Has the Avante become too expensive?”… What did Hyundai Motor’s CEO say?
Amid ongoing consumer complaints regarding the price increase for Hyundai Motor’s recently launched 8th-generation “The All-NewAvante,” Hyundai Motor CEO José Muñoz explained that rising raw material …
Business·Industry
[Exclusive] Race to Develop Semiconductor and Military Airfield Projects... Ruling Party Pushes for “9 Major Legislative Priorities” for Honam Mega Projects
As the government accelerates its push for three major mega-projects—centered on the construction of an 800 trillion won semiconductor manufacturing plant (fab) in the Honam region—the ruling Democrat…
Business·Industry
LGELECTRONICS’ “Cornerstone of AI Home,” AtHome, Sees Book Value Decline… “Evolution to Be Unveiled at IFA”
The book value of “Athom,” a Dutch smart home platform company acquired by LGELECTRONICS to expand its artificial intelligence (AI) home ecosystem, has fallen by nearly half in just a year and a half.…
Business·Industry
[Exclusive] “We Must Stop ‘Law-Dodging’ Coupang”… Ruling Party Revises the Framework Act on Administrative Investigations
As Coupang refuses to cooperate with the Fair Trade Commission’s on-site investigation into allegations of “abuse of power against suppliers” and takes legal action, the ruling party is pushing for a …